(c) Journalize the adjusting entries using the worksheet as a basis.

Debit

Credit

A.

B.

C.

D.

E.

(d) Journalize the closing entries using the worksheet as a basis.

Debit

Credit

A.

B.

C.

D.

Campbell's Painting Compan Worksheet For the month ended December 31, 2016 Trial Balance Debit Adjustments Debit Credit Adjusted Trial Balance Income Statement Balance Sheet Credit DebitCredit Debit Credit DebitCredit 55,000 1,600 4,500 2,400 10,000 ash ccounts Receivable ainting Supplies repaid Insurance Office Equipment ccum. Depr-Office Equip ccounts Payable Nages Payable . Smith, Capital . Smith, Drawing ees Earned Nages Expense Rent Expense tilities Expense ainting Supplies Expense nsurance Expense epreciabon Expense-Ofice Equip Totals et income or loss otals 1,000 2,000 25,700 2,300 85,900 30,000 4,700 4,100 114,600114,600 Adjusting Entry information for December 31 A. Wages accrued but not yet paid, $1,000 3. Half or the prepaid insurance has expired . Unearned fees on December 31 are $5,000 n on the Office Equipment for this year Depreciation Painting supplies on hand at December 31 are $1,500 $400